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9198 San Diego Way, Atascadero, CA 93422

List Price: $697,000On Market FlagOn market
Jul 18, 20251,672 sqft3 beds2 baths
Listed by: Alex De Alba
License #: 01967990
Phone #: 805-927-3200
The Real Estate Company of Cambria
Source:
CRMLS Logo
MLS #: SC25162452

Property Description

Prime Multi-Family lot with rented 3-bedroom home – A Great Investment Opportunity! Welcome to this spacious .47-acre multi-family lot, featuring a well-maintained 3-bedroom, 2-bathroom home that is currently rented long-term for $3,500/month. This charming home boasts an open kitchen and dining area, perfect for both comfortable living and entertaining. Located in a desirable area, this property is zoned for multi-family development, with the potential to add 7-8 units, this lot offers a fantastic opportunity for investors or developers looking for a property with future growth potential. The existing tenants are happy in their home and would love to continue renting, providing you with immediate rental income while you explore the potential for expansion. Whether you're looking for a property with steady cash flow or a site with the ability to be maximized for future development, this is the perfect opportunity to make your mark in the real estate market. Don’t miss out on this rare find property with a lot of potential in the future.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,650

TurboHome Estimated Value

$703,500

$421 sqft

High Valuation
$738,675
$442/sqft
Normal Valuation
$703,500
$421/sqft
Low Valuation
$668,325
$400/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$421/sqft$703,500

Neighborhood: ATSoutheast(40)

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Comparative Value

$440K

$649K

$675K

$697K

9199 Willow Ct, Atascadero, CA 93422

Sale Price: $440,000

Selected Comparable

9173 Golondrina Ct, Atascadero, CA 93422

Sale Price: $649,000

Selected Comparable

15 Bienvenida Ct, Atascadero, CA 93422

Sale Price: $657,000

Selected Comparable

9176 Pato Ln, Atascadero, CA 93422

Sale Price: $675,000

Selected Comparable

11712 Wickson Way, Atascadero, CA 93422

Sale Price: $679,000

Selected Comparable

9198 San Diego Way, Atascadero, CA 93422

List Price: $697,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
9198 San Diego Way, Atascadero, CA 93422

9198 San Diego Way, Atascadero, CA 93422

List: $697,000

Listed: 7/18/2025

Area:1,672 sqft
Price/sqft:$417
Beds:3
Baths:2
Year Built:
Lot Size:20,473

Comparable Properties

COMPARABLE
Choose comps
9176 Pato Ln, Atascadero, CA 93422

9176 Pato Ln, Atascadero, CA 93422

Sale: $675,000

4/29/20250.18 mi

Area:1,685 sqft
Price/sqft:$401
Beds:3
Baths:3
Year Built:
Weight:21.3%
9199 Willow Ct, Atascadero, CA 93422

9199 Willow Ct, Atascadero, CA 93422

Sale: $440,000

4/14/20250.54 mi

Area:1,344 sqft
Price/sqft:$327
Beds:3
Baths:2
Year Built:
Weight:20.1%
15 Bienvenida Ct, Atascadero, CA 93422

15 Bienvenida Ct, Atascadero, CA 93422

Sale: $657,000

3/6/20250.50 mi

Area:1,388 sqft
Price/sqft:$473
Beds:3
Baths:2
Year Built:
Weight:20.0%
9173 Golondrina Ct, Atascadero, CA 93422

9173 Golondrina Ct, Atascadero, CA 93422

Sale: $649,000

11/5/20240.30 mi

Area:1,715 sqft
Price/sqft:$378
Beds:3
Baths:3
Year Built:
Weight:19.4%
11712 Wickson Way, Atascadero, CA 93422

11712 Wickson Way, Atascadero, CA 93422

Sale: $679,000

4/10/20250.48 mi

Area:1,832 sqft
Price/sqft:$371
Beds:3
Baths:3
Year Built:
Weight:19.1%

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